Azerbaijan's Energy Ministry signs memorandum with EBRD

The Energy Ministry of Azerbaijan and the European Bank for Reconstruction and Development (EBRD) signed a memorandum on technical support for the development of the electric power sector, Azerbaijani Energy Minister Parviz Shahbazov wrote on Twitter, Report informs.

“Aiming at low-carbon and sustainable development, this cooperation will contribute to the development of green energy, increasing the efficiency of power plants and reducing CO2,” Shahbazov tweeted.